3, BALME CLOSE, CHARVIL, READING, RG10 9RN - £885,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BALME CLOSE is a very large extended detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £940,071. It was last sold for £885,000 in December 2023, which was around 21% above the average December 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

3 BALME CLOSE Sold Prices

Land registry data shows three sales for 3 BALME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 3 BALME CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 12 DEC	£885,000	£731,252	21% above HPI
2008 26 FEB	£520,000	£448,036	16% above HPI
1997 19 DEC	£234,500	£176,393	33% above HPI

3 BALME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 3 BALME CLOSE sales between December 1997 and December 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 BALME CLOSE be worth now?

3 BALME CLOSE might now be worth an estimated £940,071.

This is based on house price inflation of 6.2%, between December 2023 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 3 BALME CLOSE of £885,000 on 12th December 2023. For the value to have increased from £885,000 to £940,071 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 BALME CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The December 2023 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BALME CLOSE has not materially changed since December 2023.

How Large is 3 BALME CLOSE?

3 BALME CLOSE is 187m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses houses in Charvil, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charvil, and where 3 BALME CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 BALME CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Charvil.

3 BALME CLOSE: Plot and Title Map

3 BALME CLOSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 3 BALME CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BALME CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 BALME CLOSE?

3 BALME CLOSE is located in CHARVIL, in the RG10 postcode district. The below map shows the position of No. 3 on BALME CLOSE.